All Budget articles – Page 2
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News
Property sector hails Gove’s return
Michael Gove has been heralded as a “vigorous politician” and an “effective agent of change” by mostly enthusiastic property industry heavyweights following his return to the role of housing secretary.
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Insight
Hunt takes charge as Truss lingers
They say a week’s a long time in politics and boy, this has been one of those weeks.
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News
Burning questions on rates
The response from shadow chancellor Rachel Reeves, after new chancellor Jeremy Hunt gave his “economic update” to the Commons on Monday, perfectly captured the calamity created by September’s mini-Budget.
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Insight
Conference season brings some joy
Editor: Kwasi Kwarteng’s Budget aside, the development sector might come away from the Conservative Party Conference with some reason to be cheerful, especially if recent soundings from the DLUHC team at fringe events come to fruition.
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Insight
It is vital housing remains accessible to everyone
Editor: The mini-Budget sent shockwaves through the property market. As mortgage rates rocketed, the inverse was true for the hopes of property buyers.
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News
Stamp duty changes survive as Jeremy Hunt reverses nearly all mini-Budget tax cuts
Liz Truss’s latest chancellor Jeremy Hunt has today reversed nearly all the tax cuts announced in last month’s mini-Budget.
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News
Mini-budget U-turn inbound as Hunt to replace Kwarteng as chancellor
Jeremy Hunt has been named as the new chancellor of the exchequer after prime minister Liz Truss fired Kwasi Kwarteng in a bid to settle market volatility following the recent mini-budget.
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News
Investors unshaken by mini-Budget turmoil at Savills sale
Auction house says £36m raised at 4 October sale, up 10% year on year, shows strength of investor demand.
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Insight
Time to keep calm and carry on
“When you’re feeling in the dumps/Don’t be silly chumps/Just purse your lips and whistle, that’s the thing, and…/Always Look on the bright side of life.”
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News
Q&A: Inspired Villages’ Jamie Bunce on the later living firm’s ambitions
The chief executive of the later-living developer outlines the business’s targets and reacts to the mini-Budget.
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News
Mini-Budget aftermath: mortgages vanish and yields spike
Fintech firm Twenty7tec tracks the number of mortgages available in the UK and had been recording a steady decline in the options offered to borrowers over the past six months.
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News
Share prices of property firms tumble amid mini-Budget turmoil
The share prices of major property firms have plummeted this week as investors reacted to the government’s controversial tax cuts, a run on the pound and a growing expectation of interest rate hikes through the autumn.
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News
Industry disappointed by lack of action in Sunak’s statement
Spring Statement seen as missed opportunity due to lack of sweeping business rates reform and rise in VAT.
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News
More pain, no gain
May we live in less interesting times. This Wednesday marked the second anniversary of the UK entering lockdown for the first time.
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News
No spring in Sunak’s steps
The UK property industry has given a lukewarm response to chancellor Rishi Sunak’s Spring Statement, welcoming the government’s tax cuts but criticising its lack of announcements on business rates and the levelling-up agenda.
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News
Industry gives mixed reaction to Sunak’s Spring Statement
The UK property industry has given a mixed reaction to chancellor Rishi Sunak’s Spring Statement, welcoming the cut to VAT but criticising its lack of announcements on business rates and the ’levelling up’ agenda.
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News
Mixed reaction from property industry to Sunak’s Autumn budget
Chancellor Rishi Sunak’s Autumn budget announcement this afternoon has received a mixed reaction from the UK property industry.
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Professional
Can landlords benefit from recent Budget tax breaks?
For some in the built environment, it looked like the recent Budget did not offer much in the way of tax breaks for commercial property landlords.
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Online
Sunak says “the job has only just begun” in summer statement
Chancellor of the exchequer Rishi Sunak has said “the job has only just begun” as he unveiled a package of sweeping measures designed to stimulate the economy in today’s summer statement.
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Online
No business rates for 12 months in new £330bn Covid-19 package
The chancellor has waived business rates for a year for the entire retail and leisure industry as part of a new £330bn coronavirus package.